5253 Fountain Avenue, Los Angeles, CA 90029
- $2,500,000
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- GD26180880
- Year Built
- 1919
- Lot Size
- 10,171
- Acres
- 0.23
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 21
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
Rare opportunity to own a well-maintained 5-unit income property in the heart of Los Angeles! The property offers a total of 3,042 square feet, 8 uncovered parking spaces, and an attractive unit mix consisting of 2 three-bedroom/1-bath units, 1 two-bedroom/1-bath unit, and 2 one-bedroom/1-bath units. All units were upgraded approximately four months ago and feature refreshed interiors, updated flooring, bright kitchens with white cabinetry, modern hardware, and ceiling fans. The property offers a functional layout with ample parking and strong rental potential. Ideally located near shops, dining, entertainment, and major Los Angeles destinations, this is an excellent opportunity for an investor seeking a recently upgraded multi-unit property in a desirable Los Angeles location.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), High Ceilings, Quartz Counters
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $160,800
- Operating Expense
- 20400
Listing courtesy of Listing Agent: Charlie Kachian (ckachian@gmail.com) from Listing Office: JohnHart Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.